Bharat Electronics | The Nifty 50 defence PSU also remains a part of the top 10 list with leveraged positions of ₹1,042 crore as of the December 8 closing.
Stocks
C
CNBC TV1808-01-2026, 20:02

BEL Secures ₹596 Cr New Orders; Q2 Profit Surges 18%, Beats Estimates

  • Bharat Electronics Ltd (BEL) announced new orders worth ₹596 crore since January 1, 2026.
  • Major orders include drone detection and jamming systems, mobile communication terminals, software solutions, and related services.
  • BEL's Q2 bottomline rose 18% to ₹1,286 crore, surpassing CNBC-TV18's poll estimate of ₹1,143 crore.
  • Quarterly revenue increased 26% to ₹5,764 crore, exceeding the ₹5,359 crore estimate.
  • EBITDA grew 22% to ₹1,695.6 crore, but the margin narrowed slightly to 29.42%.

Why It Matters: BEL bags significant new orders and reports strong Q2 financial results, outperforming estimates.

More like this

Loading more articles...